Press release

Explore Content

New York, NY 12 March 2015 - Deloitte Touche Tohmatsu Limited (DTTL) announced today that Henry Ristuccia, DTTL leader Governance, Regulatory & Risk Strategies has been appointed as one of the advisors to The Committee of Sponsoring Organizations of the Treadway Commission (COSO) for the project to review and update the 2004 Enterprise Risk Management–Integrated Framework (Framework).

Working closely with representatives from leading professional services, legal, technology, public organizations, and academia, Henry will provide counsel and guidance throughout the initiative. The Framework is a widely accepted framework used by management to enhance an organization's ability to manage uncertainty and to consider how much risk to accept as it strives to increase stakeholder value.

Commenting on the appointment, Ristuccia, said: “The COSO ERM Framework is an important resource for our profession and we are pleased to contribute based on our risk management knowledge.”

The Framework is being updated to reflect the evolution of the industry, as well as changing stakeholder expectations.

About Deloitte

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.

Deloitte provides audit, tax, consulting, and financial advisory services to public and private clients spanning multiple industries. With a globally connected network of member firms in more than 150 countries, Deloitte brings world-class capabilities and high-quality service to clients, delivering the insights they need to address their most complex business challenges. Deloitte's more than 210,000 professionals are committed to becoming the standard of excellence.

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. Please see www.deloitte.com/about for a detailed description of DTTL and its member firms.